Auto sector has nothing to look forward to in the Budget.
Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
The US is still a place for innovation and entrepreneurship, and it is good to see Indian Americans and immigrants contributing to this in a major way, says K V Seshasayee who visited the US after four years and found the gloom had dissipated.